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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: Lurker who wrote (10207)2/2/1999 4:36:00 PM
From: Francois Plante  Read Replies (1) | Respond to of 12043
 
I know that.
I can see that the price decline during 1 month and at the same time,the number of outstanding when from 98millions to 122millions.This is call dilution.
Its been stable since.(the outstanding)I know that a shell comp. can pour shares in the float.But this has to appear somewhere ,sometime in the outstanding float.For your statement to be true,Eutro would have had to keep during 1 month 24 millions shares and the pumpers to shake the market for the price going from .006 to .017 and afterward leak the shares into the float lets say yesterday and today.
For that to happen,it takes terrible demand and there's not been that kind of demand yet.

But You may be right ( I'm not an expert on the BB stock)and I'm sure that we will see another yoyo in the share price.I learned too that in ALL BBs, you have to take your profit fast....That's why I have a good trading position on this one.

I think there's been a lot of selling today.After all,a lot got their euto shares at .006;it's a fast 300% to sell at .017.Would'nt be normal to do so.......
F.